West Fraser Timber Co. Ltd. Rises A lot Today, Is Now One of The Best Performer

 West Fraser Timber Co. Ltd. Rises A lot Today, Is Now One of The Best Performer

The stock of West Fraser Timber Co. Ltd. (TSE:WFT) is a huge mover today! About 78,130 shares traded hands. West Fraser Timber Co. Ltd. (TSE:WFT) has declined 10.57% since March 31, 2016 and is downtrending. It has underperformed by 11.66% the S&P500.
The move comes after 9 months positive chart setup for the $3.62B company. It was reported on Nov, 4 by Barchart.com. We have $75.28 PT which if reached, will make TSE:WFT worth $2.24B more.

West Fraser Timber Co. Ltd. (TSE:WFT) Ratings Coverage

Out of 5 analysts covering West Fraser Timber Co. Ltd. (TSE:WFT), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $80 is the highest target while $40 is the lowest. The $56.40 average target is 21.37% above today’s ($46.47) stock price. West Fraser Timber Co. Ltd. has been the topic of 18 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of West Fraser Timber Co. Ltd. (TSE:WFT) has “Outperform” rating given on Tuesday, October 25 by Scotia Capital. As per Friday, July 22, the company rating was maintained by RBC Capital Markets. The stock has “Best Ideas List” rating given by RBC Capital Markets on Friday, October 16. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Friday, June 17 report. The firm earned “Outperform” rating on Friday, January 22 by BMO Capital Markets. As per Tuesday, October 25, the company rating was maintained by RBC Capital Markets.

More news for West Fraser Timber Co. Ltd. (TSE:WFT) were recently published by: Seekingalpha.com, which released: “West Fraser Timber’s (WFTBF) CEO Ted Seraphim on Q2 2016 Results – Earnings …” on July 22, 2016. Fool.ca‘s article titled: “Should You Buy or Avoid West Fraser Timber Co. Ltd. Today?” and published on July 23, 2015 is yet another important article.

West Fraser Timber Co. Ltd. is a Canada integrated wood products firm producing lumber, wood chips, laminated veneer lumber , medium density fiberboard (MDF), plywood, pulp, energy and newsprint. The company has a market cap of $3.62 billion. The Firm has activities in western Canada and the southern United States. It has a 18.47 P/E ratio. The Company’s operating divisions are Lumber, Panels, and Pulp and Paper.

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